Bill Text: IL SB1146 | 2023-2024 | 103rd General Assembly | Introduced

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Bill Title: Amends the Tax Increment Allocation Redevelopment Act of the Illinois Municipal Code. Extends the estimated date of completion of a redevelopment project and the retirement of obligations issued to finance redevelopment project costs for an ordinance adopted on February 15, 1999 by the Village of Channahon. Effective immediately.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2023-04-28 - Rule 3-9(a) / Re-referred to Assignments [SB1146 Detail]

Download: Illinois-2023-SB1146-Introduced.html

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103RD GENERAL ASSEMBLY State of Illinois 2023 and 2024 SB1146 Introduced 2/2/2023, by Sen. John F. Curran SYNOPSIS AS INTRODUCED:
35 ILCS 5/101 from Ch. 120, par. 1-101
Amends the Illinois Income Tax Act. Makes a technical change in a Section concerning the short title.
LRB103 05590 HLH 50609 b
A BILL FOR
SB1146 LRB103 05590 HLH 50609 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
Section 5. The Illinois Income Tax Act is amended by
changing Section 101 as follows:
(35 ILCS 5/101) (from Ch. 120, par. 1-101)
Sec. 101. Short Title. This Act shall be known and and may
be cited as the "Illinois Income Tax Act."
(Source: P.A. 76-261.)